FORM NL-23 | Reinsurance Risk Concentration | ||||||
Insurer General Insurance Corporation Of India | Date- 01.07.2020 to 30.09.2020 | ||||||
Name of the RI Programme - Agriculture RI | (Rs. In Lakhs) | ||||||
S.No | Reinsurance Placement | No. of Reinsurers | Premium Ceded to Reinsurers (INR Lakhs) | Premium Ceded to Reinsurers (%) | |||
Proportional | Non-Proportional | Facultative | |||||
1 | Reinsurer's with rating of AAA | ||||||
2 | Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) | 6 | 8,366.90 | 14.86% | |||
3 | Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) | 48 | 7,848.84 | 33,564.35 | 73.56% | ||
4 | Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) | 9 | 4,786.39 | 8.50% | |||
5 | Reinsurer's with rating less than BBB | 3 | 224.60 | 0.40% | |||
6 | Govt. Companies (Domestic & Foreign) | 5 | 1,506.01 | 2.68% | |||
7 | Pools | ||||||
8 | Other Domestic Cos. (Pvt. Domestic Cos.) | ||||||
Total | 71 | 7,848.84 | 48,448.25 | 100.00% | |||
(Kindly note that all Ratings are as per S&P's Financial Strength Rating Scale) | |||||||
(Premium information is extracted from system) | |||||||
Periodic Disclosures | |||||||
FORM NL-23 | Reinsurance Risk Concentration | ||||||
Insurer General Insurance Corporation Of India | Date- 01.07.2020 to 30.09.2020 | ||||||
Name of the RI Programme - Aviation | (Rs. In Lakhs) | ||||||
S.No | Reinsurance Placement | No. of Reinsurers | Premium Ceded to Reinsurers (INR Lakhs) | Premium Ceded to Reinsurers (%) | |||
Proportional | Non-Proportional | Facultative | |||||
1 | Reinsurer's with rating of AAA | ||||||
2 | Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) | 2 | -13.48 | 315.79 | - | 5.96% | |
3 | Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) | 20 | - | 4,409.63 | - | 86.89% | |
4 | Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) | 5 | - | 67.89 | - | 1.34% | |
5 | Reinsurer's with rating less than BBB | 3 | - | 38.47 | - | 0.76% | |
6 | Govt. Companies (Domestic & Foreign) | 2 | 228.49 | - | - | 4.50% | |
7 | Pools | 1 | - | 28.21 | - | 0.56% | |
8 | Other Domestic Cos. (Pvt. Domestic Cos.) | ||||||
Total | 33 | 215.01 | 4,859.99 | - | 100.00% | ||
(Kindly note that all Ratings are as per S&P's Financial Strength Rating Scale) | |||||||
(Premium information is extracted from system) | |||||||
Periodic Disclosures | |||||||
FORM NL-23 | Reinsurance Risk Concentration | ||||||
Insurer | General Insurance Corporation Of India | Date- 01.07.2020 to 30.09.2020 | |||||
Name of the RI Programme - Credit Re | (Rs. In Lakhs) | ||||||
S.No | Reinsurance Placement | No. of Reinsurers | Premium Ceded to Reinsurers (INR Lakhs) | Premium Ceded to Reinsurers (%) | |||
Proportional | Non-Proportional | Facultative | |||||
1 | Reinsurer's with rating of AAA | NIL | |||||
2 | Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) | ||||||
3 | Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) | ||||||
4 | Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) | ||||||
5 | Reinsurer's with rating less than BBB | ||||||
6 | Govt. Companies (Domestic & Foreign) | ||||||
7 | Pools | ||||||
8 | Other Domestic Cos. (Pvt. Domestic Cos.) | ||||||
Total | - | ||||||
(Kindly note that all Ratings are as per S&P's Financial Strength Rating Scale) | |||||||
(Premium information is extracted from system) | |||||||
Periodic Disclosures | |||||||
FORM NL-23 | Reinsurance Risk Concentration | ||||||
Insurer | General Insurance Corporation Of India | Date- 01.07.2020 to 30.09.2020 | |||||
Name of the RI Programme - Energy | (Rs. In Lakhs) | ||||||
S.No | Reinsurance Placement | No. of Reinsurers | Premium Ceded to Reinsurers (INR Lakhs) | Premium Ceded to Reinsurers (%) | |||
Proportional | Non-Proportional | Facultative | |||||
1 | Reinsurer's with rating of AAA | NIL | |||||
2 | Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) | ||||||
3 | Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) | ||||||
4 | Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) | ||||||
5 | Reinsurer's with rating less than BBB | ||||||
6 | Govt. Companies (Domestic & Foreign) | ||||||
7 | Pools | ||||||
8 | Other Domestic Cos. (Pvt. Domestic Cos.) | ||||||
Total | - | ||||||
(Kindly note that all Ratings are as per S&P's Financial Strength Rating Scale) | |||||||
(Premium information is extracted from system) | |||||||
Periodic Disclosures | |||||||
FORM NL-23 | Reinsurance Risk Concentration | ||||||
Insurer | General Insurance Corporation Of India | Date- 01.07.2020 to 30.09.2020 | |||||
Name of the RI Programme - Engineering Spec Retro(Global Treaties) | (Rs. In Lakhs) | ||||||
S.No | Reinsurance Placement | No. of Reinsurers | Premium Ceded to Reinsurers (INR Lakhs) | Premium Ceded to Reinsurers (%) | |||
Proportional | Non-Proportional | Facultative | |||||
1 | Reinsurer's with rating of AAA | ||||||
2 | Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) | 1 | 13.57 | 0.53% | |||
3 | Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) | 9 | 2,559.76 | 99.47% | |||
4 | Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) | ||||||
5 | Reinsurer's with rating less than BBB | ||||||
6 | Govt. Companies (Domestic & Foreign) | ||||||
7 | Pools | ||||||
8 | Other Domestic Cos. (Pvt. Domestic Cos.) | ||||||
Total | 10 | 2573.33 | 100.00% | ||||
(Kindly note that all Ratings are as per S&P's Financial Strength Rating Scale) | |||||||
(Premium information is extracted from system) | |||||||
Periodic Disclosures | |||||||
FORM NL-23 | Reinsurance Risk Concentration | ||||||
Insurer | General Insurance Corporation Of India | Date- 01.07.2020 to 30.09.2020 | |||||
Name of the RI Programme - Fire Domestic | (Rs. In Lakhs) | ||||||
S.No | Reinsurance Placement | No. of Reinsurers | Premium Ceded to Reinsurers (INR Lakhs) | Premium Ceded to Reinsurers (%) | |||
Proportional | Non-Proportional | Facultative | |||||
1 | Reinsurer's with rating of AAA | ||||||
2 | Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) | 3 | 1651.91 | -4.63 | -274.60 | 21.41% | |
3 | Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) | 37 | 5063.97 | -179.10 | 228.37 | 79.76% | |
4 | Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) | 11 | 28.98 | -2.49 | -371.58 | -5.38% | |
5 | Reinsurer's with rating less than BBB |
|
|
|
| ||
6 | Govt. Companies (Domestic & Foreign) | 3 | 390.60 | 6.09% | |||
7 | Pools | 1 | 105.56 | 1.65% | |||
8 | Other Domestic Cos. (Pvt. Domestic Cos.) | 12 | -226.53 | -3.53% | |||
Total | 67 | 6744.86 | -80.67 | -253.73 | 100.00% | ||
(Kindly note that all Ratings are as per S&P's Financial Strength Rating Scale) | |||||||
(Premium information is extracted from system) | |||||||
Periodic Disclosures | |||||||
FORM NL-23 | Reinsurance Risk Concentration | ||||||
Insurer | General Insurance Corporation Of India | Date- 01.07.2020 to 30.09.2020 | |||||
Name of the RI Programme - Health | (Rs. In Lakhs) | ||||||
S.No | Reinsurance Placement | No. of Reinsurers | Premium Ceded to Reinsurers (INR Lakhs) | Premium Ceded to Reinsurers (%) | |||
Proportional | Non-Proportional | Facultative | |||||
1 | Reinsurer's with rating of AAA | NIL | |||||
2 | Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) | ||||||
3 | Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) | ||||||
4 | Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) | ||||||
5 | Reinsurer's with rating less than BBB | ||||||
6 | Govt. Companies (Domestic & Foreign) | ||||||
7 | Pools | ||||||
8 | Other Domestic Cos. (Pvt. Domestic Cos.) | ||||||
Total | |||||||
(Kindly note that all Ratings are as per S&P's Financial Strength Rating Scale) | |||||||
(Premium information is extracted from system) | |||||||
FORM NL-23 | Reinsurance Risk Concentration | ||||||
Insurer | General Insurance Corporation Of India | Date- 01.07.2020 to 30.09.2020 | |||||
Name of the RI Programme - Indian Market Terrorism Risk Insurance Pool XOL Program 2020-21 | (Rs. In Lakhs) | ||||||
S.No | Reinsurance Placement | No. of Reinsurers | Premium Ceded to Reinsurers (INR Lakhs) | Premium Ceded to Reinsurers (%) | |||
Proportional | Non-Proportional | Facultative | |||||
1 | Reinsurer's with rating of AAA | ||||||
2 | Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) | ||||||
3 | Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) | 15 | 433.60 | 41.01% | |||
4 | Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) | 7 | 91.69 | 8.67% | |||
5 | Reinsurer's with rating less than BBB | 1 | 7.71 | 0.73% | |||
6 | Govt. Companies (Domestic & Foreign) | 7 | 284.56 | 26.91% | |||
7 | Pools | 1 | 12.85 | 1.22% | |||
8 | Other Domestic Cos. (Pvt. Domestic Cos.) | 12 | 226.92 | 21.46% | |||
Total | 43 | 1,057.32 | 100.00% | ||||
(Kindly note that all Ratings are as per S&P's Financial Strength Rating Scale) | |||||||
(Premium information is extracted from system) | |||||||
Periodic Disclosures | |||||||
FORM NL-23 | Reinsurance Risk Concentration | ||||||
Insurer | General Insurance Corporation Of India | Date- 01.07.2020 to 30.09.2020 | |||||
Name of the RI Programme - Liability | (Rs. In Lakhs) | ||||||
S.No | Reinsurance Placement | No. of Reinsurers | Premium Ceded to Reinsurers (INR Lakhs) | Premium Ceded to Reinsurers (%) | |||
Proportional | Non-Proportional | Facultative | |||||
1 | Reinsurer's with rating of AAA | NIL | |||||
2 | Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) | ||||||
3 | Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) | ||||||
4 | Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) | ||||||
5 | Reinsurer's with rating less than BBB | ||||||
6 | Govt. Companies (Domestic & Foreign) | ||||||
7 | Pools | ||||||
8 | Other Domestic Cos. (Pvt. Domestic Cos.) | ||||||
Total | |||||||
(Kindly note that all Ratings are as per S&P's Financial Strength Rating Scale) | |||||||
(Premium information is extracted from system) | |||||||
Periodic Disclosures | |||||||
FORM NL-23 | Reinsurance Risk Concentration | ||||||
Insurer | General Insurance Corporation Of India | Date- 01.07.2020 to 30.09.2020 | |||||
Name of the RI Programme - Life Re - Proportional | (Rs. In Lakhs) | ||||||
S.No | Reinsurance Placement | No. of Reinsurers | Premium Ceded to Reinsurers (INR Lakhs) | Premium Ceded to Reinsurers (%) | |||
Proportional | Non-Proportional | Facultative | |||||
1 | Reinsurer's with rating of AAA | ||||||
2 | Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) | ||||||
3 | Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) | 1 | 945.30 | 50.00% | |||
4 | Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) | ||||||
5 | Reinsurer's with rating less than BBB | ||||||
6 | Govt. Companies (Domestic & Foreign) | ||||||
7 | Pools | ||||||
8 | Other Domestic Cos. (Pvt. Domestic Cos.) | ||||||
Total | 1 | 945.30 | 50.00% | ||||
(Kindly note that all Ratings are as per S&P's Financial Strength Rating Scale) | |||||||
(Premium information is extracted from system) | |||||||
FORM NL-23 | Reinsurance Risk Concentration | ||||||
Insurer | General Insurance Corporation Of India | Date- 01.07.2020 to 30.09.2020 | |||||
Name of the RI Programme - Marine Cargo and Hull | (Rs. In Lakhs) | ||||||
S.No | Reinsurance Placement | No. of Reinsurers | Premium Ceded to Reinsurers (INR Lakhs) | Premium Ceded to Reinsurers (%) | |||
Proportional | Non-Proportional | Facultative | |||||
1 | Reinsurer's with rating of AAA | NIL | |||||
2 | Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) | ||||||
3 | Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) | ||||||
4 | Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) | ||||||
5 | Reinsurer's with rating less than BBB | ||||||
6 | Govt. Companies (Domestic & Foreign) | ||||||
7 | Pools | ||||||
8 | Other Domestic Cos. (Pvt. Domestic Cos.) | ||||||
Total | |||||||
(Kindly note that all Ratings are as per S&P's Financial Strength Rating Scale) | |||||||
(Premium information is extracted from system) | |||||||
Periodic Disclosures | |||||||
FORM NL-23 | Reinsurance Risk Concentration | ||||||
Insurer | General Insurance Corporation Of India | Date- 01.07.2020 to 30.09.2020 | |||||
Name of the RI Programme - Miscellaneous | (Rs. In Lakhs) | ||||||
S.No | Reinsurance Placement | No. of Reinsurers | Premium Ceded to Reinsurers (INR Lakhs) | Premium Ceded to Reinsurers (%) | |||
Proportional | Non-Proportional | Facultative | |||||
1 | Reinsurer's with rating of AAA | NIL | |||||
2 | Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) | ||||||
3 | Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) | ||||||
4 | Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) | ||||||
5 | Reinsurer's with rating less than BBB | ||||||
6 | Govt. Companies (Domestic & Foreign) | ||||||
7 | Pools | ||||||
8 | Other Domestic Cos. (Pvt. Domestic Cos.) | ||||||
Total | |||||||
(Kindly note that all Ratings are as per S&P's Financial Strength Rating Scale) | |||||||
(Premium information is extracted from system) | |||||||
Periodic Disclosures | |||||||
FORM NL-23 | Reinsurance Risk Concentration | ||||||
Insurer | General Insurance Corporation Of India | Date- 01.07.2020 to 30.09.2020 | |||||
Name of the RI Programme - Non Marine Domestic Programme | (Rs. In Lakhs) | ||||||
S.No | Reinsurance Placement | No. of Reinsurers | Premium Ceded to Reinsurers (INR Lakhs) | Premium Ceded to Reinsurers (%) | |||
Proportional | Non-Proportional | Facultative | |||||
1 | Reinsurer's with rating of AAA | ||||||
2 | Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) | 4 | 12,003.96 | 41.82% | |||
3 | Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) | 50 | 12,073.74 | 42.06% | |||
4 | Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) | 23 | 3,896.62 | 13.57% | |||
5 | Reinsurer's with rating less than BBB | 7 | 477.91 | 1.66% | |||
6 | Govt. Companies (Domestic & Foreign) | 2 | 58.49 | 0.20% | |||
7 | Pools | 1 | 194.11 | 0.68% | |||
8 | Other Domestic Cos. (Pvt. Domestic Cos.) | ||||||
Total | 87 | 28,704.82 | 100.00% | ||||
(Kindly note that all Ratings are as per S&P's Financial Strength Rating Scale) | |||||||
(Premium information is extracted from system) | |||||||
Periodic Disclosures | |||||||
FORM NL-23 | Reinsurance Risk Concentration | ||||||
Insurer | General Insurance Corporation Of India | Date- 01.07.2020 to 30.09.2020 | |||||
Name of the RI Programme - Non Marine Foreign Programme | (Rs. In Lakhs) | ||||||
S.No | Reinsurance Placement | No. of Reinsurers | Premium Ceded to Reinsurers (INR Lakhs) | Premium Ceded to Reinsurers (%) | |||
Proportional | Non-Proportional | Facultative | |||||
1 | Reinsurer's with rating of AAA | ||||||
2 | Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) | 3 | 1,322.97 | 7.02% | |||
3 | Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) | 21 | 13380.01 | 71.00% | |||
4 | Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) | 9 | 2823.53 | 14.98% | |||
5 | Reinsurer's with rating less than BBB | 5 | 746.13 | 3.96% | |||
6 | Govt. Companies (Domestic & Foreign) | 4 | 571.38 | 3.03% | |||
7 | Pools | ||||||
8 | Other Domestic Cos. (Pvt. Domestic Cos.) | ||||||
Total | 42 | 18,844.02 | 100.00% | ||||
(Kindly note that all Ratings are as per S&P's Financial Strength Rating Scale) | |||||||
(Premium information is extracted from system) | |||||||
FORM NL-23 | Reinsurance Risk Concentration | ||||||
Insurer | General Insurance Corporation Of India | Date- 01.07.2020 to 30.09.2020 | |||||
Name of the RI Programme - Nuclear Pool | (Rs. In Lakhs) | ||||||
S.No | Reinsurance Placement | No. of Reinsurers | Premium Ceded to Reinsurers (INR Lakhs) | Premium Ceded to Reinsurers (%) | |||
Proportional | Non-Proportional | Facultative | |||||
1 | Reinsurer's with rating of AAA | NIL | |||||
2 | Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) | ||||||
3 | Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) | ||||||
4 | Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) | ||||||
5 | Reinsurer's with rating less than BBB | ||||||
6 | Govt. Companies (Domestic & Foreign) | ||||||
7 | Pools | ||||||
8 | Other Domestic Cos. (Pvt. Domestic Cos.) | ||||||
Total | |||||||
(Kindly note that all Ratings are as per S&P's Financial Strength Rating Scale) | |||||||
(Premium information is extracted from system) | |||||||
FORM NL-23 | Reinsurance Risk Concentration | ||||||
Insurer | General Insurance Corporation Of India | Date- 01.07.2020 to 30.09.2020 | |||||
Name of the RI Programme -Property Foreign | (Rs. In Lakhs) | ||||||
S.No | Reinsurance Placement | No. of Reinsurers | Premium Ceded to Reinsurers (INR Lakhs) | Premium Ceded to Reinsurers (%) | |||
Proportional | Non-Proportional | Facultative | |||||
1 | Reinsurer's with rating of AAA | ||||||
2 | Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) | ||||||
3 | Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) | ||||||
4 | Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) | 1 | 3.66 | 100.00% | |||
5 | Reinsurer's with rating less than BBB | ||||||
6 | Govt. Companies (Domestic & Foreign) | ||||||
7 | Pools | ||||||
8 | Other Domestic Cos. (Pvt. Domestic Cos.) | ||||||
Total | 1 | 3.66 | 100% | ||||
(Kindly note that all Ratings are as per S&P's Financial Strength Rating Scale) | |||||||
(Premium information is extracted from system) | |||||||
** Note Amount pertains to reinstatement premium booked | |||||||
FORM NL-23 | Reinsurance Risk Concentration | ||||||
Insurer | General Insurance Corporation Of India | Date- 01.07.2020 to 30.09.2020 | |||||
Name of the RI Programme - GIC Synd 1947 International retro (57628) & Hannover K Quota (42736) | (Rs. In Lakhs) | ||||||
S.No | Reinsurance Placement | No. of Reinsurers | Premium Ceded to Reinsurers (INR Lakhs) | Premium Ceded to Reinsurers (%) | |||
Proportional | Non-Proportional | Facultative | |||||
1 | Reinsurer's with rating of AAA | ||||||
2 | Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) | ||||||
3 | Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) | 1 | 5.1 | - | - | 20.00% | |
4 | Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) | ||||||
5 | Reinsurer's with rating less than BBB | ||||||
6 | Govt. Companies (Domestic & Foreign) | 2 | 2,537.16 | - | - | 29.56% | |
7 | Pools | ||||||
8 | Other Domestic Cos. (Pvt. Domestic Cos.) | ||||||
Total | |||||||
(Kindly note that all Ratings are as per S&P's Financial Strength Rating Scale) | |||||||
(Premium information is extracted from system) | |||||||